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    OFF-MARKET
    Commercial real estate

    1808 Arrington Rd, College Station, TX 77845

    19.8 ac lot
    Property ID
    US82-4770230
    Property summary
    AI-generated overview

    This exceptional 19.8-acre tract presents a prime opportunity for multifamily development in South College Station, Texas. Strategically located between Greens Prairie Reserve and The Ranch at Arrington apartments, near Tower Point, this property boasts approximately 355 feet of frontage on Arrington Road and a depth of 1,505 feet. The gently sloping topography is free of floodplains, enhancing its development potential. Existing utilities, including a 12-inch Wellborn Water line and 3-phase electrical service, are readily available on-site, with sewer connection requiring separate arrangement. Currently zoned R-Rural, the seller is committed to assisting the buyer with the rezoning process to MF-Multifamily. This property offers significant advantages for developers seeking a well-situated, sizable parcel in a thriving Texas community. The asking price for this exceptional development opportunity is $3,665,000. The address is 1808 & 1864 Arrington Rd, College Station, TX 77845.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 19.8 ac (862,488 SF)
    UPID US82-4770230
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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